News for hackers. Stuff that matters.

A comment on Robinhood is limiting purchases of stocks: AMC, Blackberry, Nokia, and GameStop. Parent comment

Re:Robinhood is limiting purchases of stocks: AMC, Blackberr... by matthewrobertso on Thursday January 28, 2021 @02:33PM (#25947702)
What if the price goes up further? It's already rebounded 50% from the short ladder/blatant robinhood manipulation. Why put yourself on the hook for something during a black swan event?
[ Parent | on HN ]
Re:Robinhood is limiting purchases of stocks: AMC, Blackberr... by whimsicalism on Thursday January 28, 2021 @02:41PM (#25947834)
> Why put yourself on the hook for something during a black swan event?

Because that is also often when it is a good time to make money.

It's entirely unsurprising to me that short pressure on the stock would increase after this.

[ Parent | on HN ]